If you are buying it as an investment property, you are buying it at a much higher rate than a traditional owner-occupied loan so you must be in a primary residence now and are just planning a just-in-case scenario.At first, I thought this was a no-brainer answer as if you can do whatever you want, but those investment loans are banking on the income projected as part of the collateral for the loan so it's a good question.A seasoned lender or someone who has had to move back into one of their properties will get you the best answer.

Planning to do on-market deals, talk to real estate agents.Don't really know how the contracts work, where to get them, or what to put on them.

Test and refine your communication plan—it pays off!

We planning to meet with a lawyer soon to cement our articles of organizations and operating agreement before we form the LLC. 

Monthly Expenses and Cashflow:- Principal, Property Taxes, Home Insurance: $1,446.38- Property Management (12% of Rent Price): $358.08/ mo.- Monthly cashflow: $1,179.54Obviously these are rough estimates, but I feel that I've given myself enough buffer throughout the calculation/ analysis that if there are any unexpected expenses, I'll still be able to cover them and have a property that Cashflows a decent amt each month. 

This will be a major expense, so I want to make sure its worth it compared to other options to spend my money. 

I’m in a similar situation where I am planning to buy a triplex or fourplex as my primary residence.  

Hi,I am planning to buy my first rental property and looking at Harvest, AL.

Rentals are also hard because they are so expensive .

Hi everyone,Does anyone know a good estate planning attorney who specializes in living trusts in Bridgeport, CT?